RSA Insurance Group plc (RSA) Rating Reiterated by Morgan Stanley
Morgan Stanley restated their overweight rating on shares of RSA Insurance Group plc (LON:RSA) in a research report report published on Friday. Morgan Stanley currently has a GBX 594 ($7.75) price target on the insurance provider’s stock.
RSA has been the subject of a number of other reports. Canaccord Genuity decreased their price objective on RSA Insurance Group plc from GBX 495 ($6.46) to GBX 475 ($6.20) and set a hold rating for the company in a report on Monday, June 27th. Barclays PLC reissued an overweight rating and set a GBX 545 ($7.11) price objective on shares of RSA Insurance Group plc in a report on Wednesday, June 22nd. HSBC raised RSA Insurance Group plc to a buy rating and set a GBX 595 ($7.77) price objective for the company in a report on Thursday, September 8th. Panmure Gordon raised RSA Insurance Group plc to a buy rating and boosted their price objective for the stock from GBX 470 ($6.13) to GBX 575 ($7.51) in a report on Wednesday, August 10th. Finally, Deutsche Bank AG decreased their price objective on RSA Insurance Group plc from GBX 515 ($6.72) to GBX 480 ($6.27) and set a hold rating for the company in a report on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. RSA Insurance Group plc currently has a consensus rating of Hold and a consensus target price of GBX 499.47 ($6.52).
RSA Insurance Group plc (LON:RSA) opened at 547.50 on Friday. The company’s market cap is GBX 5.58 billion. The stock’s 50 day moving average price is GBX 509.99 and its 200-day moving average price is GBX 483.69. RSA Insurance Group plc has a 52 week low of GBX 371.00 and a 52 week high of GBX 552.10.
The company also recently announced a dividend, which will be paid on Friday, October 14th. Stockholders of record on Thursday, September 8th will be issued a dividend of GBX 5 ($0.07) per share. The ex-dividend date of this dividend is Thursday, September 8th. This represents a dividend yield of 0.99%.
RSA Insurance Group plc Company Profile
RSA Insurance Group plc is an international general insurer. The Company provides personal, commercial and specialty insurance products and services direct-to-customers, through brokers and affinity partners, principally in the United Kingdom and Ireland, Scandinavia and Canada. It operates through segments, including Scandinavia, Canada, UK & Ireland, Central Functions and non-core.
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